Malaysia offers help to aspiring technopreneurs

By Staff, ZDNet Asia
Thursday, December 09, 2004 09:28 AM
KUALA LUMPUR, Malaysia--The Multimedia Development Corporation is offering a new program to help enterprising information and communication technology graduates realize their dream of starting a business.

Called Start Your Own Business (SYOB), the five-day program consists of six modules and will have five intakes throughout 2005, starting in February.

Selected participants will attend a workshop designed to provide them with a balance of both technology and business knowledge. The workshop will, amongst several things, teach them how to set up a technology business.

The program modules will also provide an overview of the Malaysian ICT (information and communication technology) industry, as well as cover business planning and other preparatory work for starting an ICT business. A series of five workshops will be conducted in 2005 at designated venues in the Klang Valley.

"The SYOB program intends to help these ICT graduates create their own employment opportunities by enhancing their skills or retraining them with the required technical knowledge, business skills and supporting resources for starting a new ICT venture," said Wilson Tay, vice president of Multimedia Development Corporation (MDC), who oversees Malaysia's MSC Technopreneur Development Flagship (MSC-TDF).

Tay added that with Malaysia's move toward becoming a K (knowledge)-Economy, there are opportunities for young ICT graduates to start their own ICT ventures. "If we are to build a vibrant ICT industry, we need to have more technopreneurs venturing into their own ICT business. We will work with these graduates to show them how to create an ICT business out of their technology training and expertise," he noted.

Upon completing the workshop, qualified participants will attend other programs to better prepare them for business start-up. These include a three-month industrial attachment with the MSC-TDF (Technopreneur Development Flagship), business plan preparation and advisory, and other necessary technopreneurship skills development.

SYOB is organized by the MSC Technopreneur Center, a unit of MSC-TDF managed by the MDC.


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